US, others, concerned that the pipe will increase Europe’s reliance on Russian natural gas.
Russia produced more oil in September than envisaged by a global deal due to an increase in gas condensate output as the country prepared for winter, local news agencies reported on Oct. 20.
Exxon Mobil CEO Darren Woods and BP boss Robert Dudley are listed among the panelists of this week’s conference, which is also expected to be attended by officials from Iran, Saudi Arabia and Venezuela.
India is looking at raising oil imports from Russia, its oil minister said on Sept. 17, at a time of surging oil prices after an attack on Saudi Arabian facilities halved the kingdom's production.
Saudi Energy Minister Khalid al-Falih’s loss of status puts him under new pressure to meet crown prince’s goals.
Oil prices fell on Aug. 12 amid worries about an economic slowdown and the U.S.-China trade war, which have led to a cut in the outlook for global oil demand